Primary listing photo

346 Modder Ave, Memphis, TN, 38109

2beds
1baths
718sqft
$90,000
$125price/sqft
$879/moest. monthly cost
$35,160/yrincome needed

About This Home

Excellent investment opportunity in Memphis, TN featuring three single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy, offering value-add potential for investors. 125 E McKellar Ave – Vacant and ideal for an investor or owner-occupant. Portfolio Option: Purchase all three properties together for a total price of $275,000. This package provides flexibility for renovations, strong rental potential, and an excellent opportunity to build or expand your investment portfolio. Showings available after an accepted offer.

Getting Around

34
WalkingCar-Dependent
16
TransitMinimal Transit
32
BikeSomewhat Bikeable

Schools

6/10
Riverview Middle SchoolGrades PK-80.2 mi
3/10
Hamilton High SchoolGrades 9-123.3 mi

Construction

Condition

  • Year built: 1959

Materials

  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • All Bedrooms Down,1 or More BR Down,Primary Down,Full Bath Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Door features: Storm Door(s)
  • Flooring: Part Hardwood,Part Carpet

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 718 sqft

Kitchen

  • Features: Washer/Dryer Connections

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 035026 00003

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 3,920 sqft
  • Features: Level
  • Lot size dimensions: 38 x 98

Parking

  • Parking features: Driveway/Pad
  • Has uncovered spaces: Yes